Ultimately, late rent/no rent payments or damage to the property can be extremely costly. 

I ultimately chose to focus on Ohio and ended up moving here to focus on investing. 

So, if a “typical” transaction would require 20% down payment to go along with an 80% institutional loan, then if I brought in a couple of investors who funded 10% each and I as “sponsor” received a 33% ownership interest as “promote”, I would have used OPM for that 20% down payment. 

If you wouldn't leave pot or cocaine out, you shouldn't leave alcohol in a unit.You technically aren't responsible for what they do, but don't promote it.

Ultimately the responsibility for complying with the contract that you signed falls to you.

Your success in real estate will be determined by you ultimately.

Then ultimately be able to leave my W-2 by December 2030.

I’m eager to learn from all of you and grow my knowledge in real estate investing.My aim is to connect with others and generate additional income while working my 9-5, ultimately securing financial comfort and stability.

For most people, growing your income (and bank account) is the ultimate "hack" to generating wealth -- you can't invest what you don't have. 

Start with BiggerPockets Ultimate Beginners Guide (free).